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Income tax

AJK State Inland Revenue Department Sets New Tax Revenue Benchmark

Strategic Insights

— 1 min read

The AJK State Inland Revenue Department, Circle-03 Kotli, has achieved a record-breaking tax revenue collection of over Rs. 1.32 billion in the fiscal year 2024-25. This significant increase, from Rs 1.10 billion in the previous fiscal year, marks a notable improvement in the department's performance. The success can be attributed to the implementation of modern digital systems, departmental reforms, and the dedication of the team, including the recovery team and supporting staff.

Key Takeaways:

  • The AJK State Inland Revenue Department collected a record-breaking sum of over Rs. 1.32 billion in tax revenue during the fiscal year 2024-25.
  • The total collection represents a significant improvement from Rs 1.10 billion in the previous fiscal year.
  • The achievement is attributed to the implementation of modern digital systems, including the Point of Sale (POS) System, Online Tax Registration, Tax Return Filing, and Online Tax Payments.
  • The department introduced several key reform initiatives, such as the successful integration of FBR and AJK data, which have led to increased transparency and efficiency in the tax collection process.
  • The dedicated team, including Inspectors and supporting staff, played a crucial role in the department's success, with notable contributors being Muhammad Bilal, Ishtiaq Ahmed, Shams-ul-Haq Abbasi, and Asif Kamal.
  • The department has reaffirmed its commitment to continue its policy based on transparency and modernization to further enhance state revenue in the future.
  • The achievement demonstrates the effective use of modern technology and the importance of teamwork, office discipline, and continuous hard work in achieving departmental goals.

Statistics:

  • Total tax revenue collection: Rs. 1.32 billion
  • Increase in tax revenue collection compared to the previous fiscal year: Rs 220 million (over 20% increase)
  • Total income tax collected: Rs 1.09 billion
  • Total other taxes collected: Rs 230 million
  • Total number of staff involved in the department: Not specified
  • Number of Inspectors on the recovery team: Not specified
  • Number of staff on the supporting team: Not specified

Sources:

  • "AJK State Inland Revenue Department Sets New Tax Revenue Benchmark" (No author, date unspecified)

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